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George
George is forty years old. A business man, he is married to Elizabeth who is a business woman. They are blessed with two children aged twelve and three.

He has been distributing cakes for the past four years with a monthly income of KES10,000 which he uses to support his family. He is applying for his first loan from KADET Ltd., after being introduced by a staff member.

George will use the loan to purchase a stock of sugar, wheat flour and cooking oil for baking cakes. He will also buy a bicycle for distributing cakes. With the anticipated profit from the business he will educate his children. His hopes and dreams are to open a hotel.

Additional Information

About VisionFund Kenya

VisionFund Kenya is dedicated to economically empowering its clients by providing financial services to improve living conditions of micro-entrepreneurs and their children across Kenya. VisionFund Kenya is the microfinance subsidiary of World Vision Kenya. Obtain more information on VisionFund Kenya from its website.

About Kenya

  • $1,800
    Average annual income
  • 641
    View loans »
    Kenya Loans Fundraising
  • $39,170,550
    Funds lent in using Kiva
  • 84.3
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped George to purchase a stock of sugar, wheat flour and cooking oil for baking cakes.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 10, 2012
Listed
May 19, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013